Consolidated Balance Sheets (USD $) In Millions	Jun. 30, 2011	Dec. 31, 2010
Current Assets
Cash and cash equivalents (variable interest entities restricted - 2011: $107; 2010: $145)	$ 2,223	$ 7,039
Accounts and notes receivable:
Trade (net of allowance for doubtful receivables - 2011: $135; 2010: $128)	5,601	4,616
Other	5,150	4,428
Inventories	8,739	7,087
Deferred income tax assets current	573	611
Other current assets	413	349
Total current assets	22,699	24,130
Investments
Investment in nonconsolidated affiliates	3,469	3,453
Other investments (investments carried at fair value - 2011: $2,015; 2010: $2,064)	2,480	2,542
Noncurrent receivables	341	388
Total investments	6,290	6,383
Property
Property	53,888	51,648
Less accumulated depreciation	35,839	33,980
Net property (variable interest entities restricted - 2011: $1,747; 2010: $1,388)	18,049	17,668
Other Assets
Goodwill	13,079	12,967
Other intangible assets (net of accumulated amortization - 2011: $2,127; 2010: $1,805)	5,389	5,530
Deferred income tax assets - noncurrent	2,057	2,079
Asbestos-related insurance receivables - noncurrent	217	220
Deferred charges and other assets	667	611
Total other assets	21,409	21,407
Total Assets	68,447	69,588
Current Liabilities
Notes payable	916	1,467
Long-term debt due within one year	661	1,755
Accounts payable:
Trade	4,893	4,356
Other	2,305	2,249
Income taxes payable	355	349
Deferred income tax liabilities current	115	105
Dividends payable	374	257
Accrued and other current liabilities	2,810	3,358
Total current liabilities	12,429	13,896
Long-Term Debt (variable interest entities nonrecourse - 2011: $930; 2010: $167)	18,511	20,605
Other Noncurrent Liabilities
Deferred income tax liabilities - noncurrent	1,238	1,295
Pension and other postretirement benefits - noncurrent	7,552	7,492
Asbestos-related liabilities - noncurrent	643	663
Other noncurrent obligations	3,035	2,995
Total other noncurrent liabilities	12,468	12,445
Stockholders' Equity
Preferred stock, series A	4,000	4,000
Common stock	2,953	2,931
Additional paid in capital	2,450	2,286
Retained earnings	18,877	17,736
Accumulated other comprehensive loss	(3,647)	(4,399)
Unearned ESOP shares	(448)	(476)
Treasury stock at cost	0	(239)
The Dow Chemical Company's stockholders' equity	24,185	21,839
Noncontrolling interests	854	803
Total equity	25,039	22,642
Total Liabilities and Equity	$ 68,447	$ 69,588